Despite its great purpose, legal funding does not always work out for the plaintiff. There are lawsuits that take too long before the final decision. A lengthy legal process forces plaintiffs to owe funding companies a hefty sum of money. In some cases, the plaintiff ends up with nothing because he or she used it … Read more
Bad Accidents Drain your Wallet Bad accidents happen and sadly, there are a lot of expenses that one may suffer when these awful things happen. Due to this tragic incident, you may not be able to work for quite a period of time, which results to no income for you and your family. This causes … Read more
Worker’s compensation. In most states, a plaintiff won’t be awarded money by legal funding companies in case of a worker’s compensation claim . In such states, the plaintiff is directly given the award from the worker’s compensation board. Generally in other lawsuits, the arrangement or court award is first given to the plaintiff’s attorney. Attorney … Read more
Legal Funding Information and You (Part 1) Legal Funding Defined Legal funding describes a financial transaction that is characterized by specific elements that constitute the difference between this and other common types of financial transactions, such as for example advances on your credit card or car loans. The Difference between a Legal Funding and a … Read more
Life does not stop even if you are faced with difficulties and challenges. Pegasus Legal Funding knows the negative effects of a pending lawsuit on a litigant’s life. Litigants acquire medical bills, lose their jobs, miss out several days at work and fail to keep up with their monthly financial commitments. The stress of a … Read more
The Basic Concepts The concept of lawsuit case loan is non-existent and with the time people have substituted with the name of pre-settlement funding with the lawsuit loan many years now. Loan is something that you need to pay back after certain period of time along with the interest amount over the period of time. … Read more
Legal funding refers to any form of transaction where an interest in a lawsuit is used as a basis in order to obtain financing. There are several types of legal assistance transactions. However, there is one key difference among all of them. This factor is the selling or assigning of a party’s interest in the … Read more
For Personal Injury Plaintiffs A personal injury lawsuit takes a long time before a final judgment. Pegasus Legal Funding bridges the gap during the waiting for the settlement award so bills can be paid. Plaintiffs involved in a personal injury lawsuit cannot work because of their injuries. As a result, they do not have the … Read more
Introductory words about Consumer Legal Funding Dispute Generally, any kind of transaction in which an appeal in a lawsuit is applied as a method of obtaining financing is called legal funding. There are used various modes of legal funding trades, with the important difference between these types being constituted by the party, which assigns or … Read more
Legal Funding: A Loan or an Investment? Part Two If legal funding is not contingent on the results of the case, there is now a lawyer contingent fee. Legal funders as well as lawyers working on this type of case do not get paid until the litigants do. However, some argue that hypothetical contingencies are … Read more